SOLD
Sold on 12 Jun 2024 for $2,050,000

1/691 Brunswick Street
New Farm QLD 4005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 302m2
Land area: 302m2
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Property Details for 1/691 Brunswick St, New Farm

Building Type
Commercial
Year Built
1996
Floor Size
302m2
Land Size
302m2
Local Government
Brisbane
Lot/Plan
1/BUP104056

Last Listing description (January 2019)

We are pleased to present for sale this 2 level strata located in highly sought after New Farm. Occupying a prominent position in a mixed use residential / retail complex on busy Brunswick Street and currently offering a fully fitted out and well equipped restaurant / bar.
This opportunity will provide the astute purchaser with the option to owner occupy or invest in this popular city fringe location.
* 302m2 strata over 2 levels

* Ground Floor restaurant and Bar with fully equipped kitchen, cold room, and large covered courtyard
* First Floor Function room and Bar with managers office, storage and amenities
* 8 exclusive use car parks (4 in tandem)
* Vacant possession
* High demand destination entertainment and dining precinct
* Excellent exposure and street appeal
* QPP - DC1 *
Within close proximity to James Street Precinct and Fortitude Valley, New Farm is only 2km east of the CBD and has excellent access to major arterials, Airport Link, ICB and Clem 7. The area is well serviced by public transport links, retail amenities and government facilities.
Please call Geoff Esdale for further information and to schedule information.

Property History for 1/691 Brunswick St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,050,000
12 Jun 2024
Listed for Rent
30 Jan 2019
  • 12 Jun 2024
    Sold for $2,050,000
  • 17 Oct 2018
    Listed for Sale $2.28M

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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016.

New Farm has 7,821 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in New farm.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.